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Federal Shutdown and O&G

Posted on 10/1/13 at 6:55 am
Posted by BIGDAB
Go for the Jugular
Member since Jun 2011
7468 posts
Posted on 10/1/13 at 6:55 am
How does this fiasco affect the O&G industry? More importantly how BESE moves forward with permits, and granting extensions to companies operating in Federal waters?

Will the govt' halt drilling operations because it's regulatory office is shutdown?
Posted by polizei11
Houston
Member since May 2009
1135 posts
Posted on 10/1/13 at 9:26 am to
BSEE is considered essential personnel and were expected to report to work today.
Posted by trident
Member since Jul 2007
4751 posts
Posted on 10/1/13 at 9:44 am to
quote:

BSEE is considered essential personnel and were expected to report to work today.
Posted by GREENHEAD22
Member since Nov 2009
19609 posts
Posted on 10/1/13 at 12:41 pm to
No more permits.

LINK

Of course they had to show up, can't have a hault in BS inks and fines. It is the bread and butter of their thieving operations.
This post was edited on 10/1/13 at 12:42 pm
Posted by trident
Member since Jul 2007
4751 posts
Posted on 10/1/13 at 2:55 pm to
quote:

No more permits.


we will be issuing permits, just not new leases.
Posted by GREENHEAD22
Member since Nov 2009
19609 posts
Posted on 10/11/13 at 1:27 pm to
Yea you were wrong.

quote:

Interior Department has stopped processing drilling permits and leasing both onshore and offshore.


LINK
Posted by TigerBite
Dallas
Member since Feb 2004
2535 posts
Posted on 10/11/13 at 10:42 pm to
The EIA is done reporting storage for oil and gas as of this week. It will have an impact on oil and natural gas prices next week if nothing is resolved. How it will impact it is an unknown. Historically oil inventories post on Wednesdays and natural gas on Thursdays...except holiday weeks.

I'm sure all LNG permitting, other product exporting, and as well as the permitting discussed in this thread are the others impacted.
Posted by Bayou Tiger
Member since Nov 2003
3658 posts
Posted on 10/12/13 at 2:41 am to
quote:

Interior Department has stopped processing drilling permits and leasing both onshore and offshore.
But once they come back to work, you can bet they will be working balls to the wall to catch up on the backlog of permits.

I actually kind of feel bad for them. There were some pretty reasonable and experienced permit guys before Macondo, which brought a major shitstorm down on the whole agency as a scapegoat (thanks Obama). Then some of the experienced ones left and the rest take it from both ends (industry and govt).
Posted by trident
Member since Jul 2007
4751 posts
Posted on 10/15/13 at 8:38 am to
quote:

Yea you were wrong.


I work for them, we are issuing permits, just not new leases or plans
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